Crude Oil , International

Lawmaker Urges State Dept. to Boost Oil Price War Diplomacy

McCaul applauds efforts to convince Saudis and Russians to cut production.

March 26, 2020

Exploration & Production

Halliburton, Gazprom Neft Sign Memo on Cooperation in Russia

The operations at the Achimov Formation are not subject to sanctions.

March 26, 2020

Crude Oil , Trade , International , Shale Plays

Opinion: Why Shale Skeptics Are Wrong

While long-time shale skeptics may be broadcasting a “Return to Normalcy” thesis, there is a simpler question for those not anchored to that thesis: Whose side are you on?

March 19, 2020

Crude Oil , Trade , International

Trump Says He Will Enter Saudi-Russia Oil Dispute At Appropriate Time

The Trump administration is considering a diplomatic push to get Saudi Arabia to close its taps and using the threat of sanctions on Russia to force them to reduce output, the Wall Street Journal reported.

March 19, 2020

Crude Oil , Trade , Legislation

Iraq Oil Minister Urges OPEC, Non-OPEC Emergency Meeting

In a letter seen by Reuters, Iraq's oil minister asked OPEC Secretary-General Mohammad Barkindo to help "urgently achieve" extraordinary meetings of the OPEC+ group.

March 18, 2020

Business , Crude Oil , Trade , International , Shale Plays

Saudi-Russian Oil Price War Unlikely To End Soon

Several industry experts agree that the Russian move was directly targeted at the U.S. shale oil industry, which will bear the brunt of the price war.

March 16, 2020

Crude Oil , International

Saudi Arabia, Russia Raise Stakes In Oil Standoff

Saudis rebuff Russian request for talks, plan to hike output to record in April.

March 10, 2020

Restructurings , Investment , Crude Oil , Acquisitions & Divestitures , Mergers

Post-Meltdown: Expect Surge Of Shale Bankruptcies, Experts Say

A wounded oil and gas industry enjoys better numbers the day after prices plummeted, but steep debt will likely bring about a wave of M&A, bankruptcies and litigation.

March 10, 2020

Crude Oil , Trade , International

Oil Prices Jump After Rout On Stimulus Hopes

Russia also signaled that talks with OPEC remained possible with its oil minister, Alexander Novak, saying he has not ruled out joint measures with OPEC to stabilize the market.

March 10, 2020

Crude Oil , Trade , International

‘Crazy’ Saudi Oil Price Cuts Seen Reigniting Market Share War

The world's top producers including Saudi Arabia, Russia and other Middle East producers were last locked in a market share war between 2014 and 2016.

March 9, 2020